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Financial services: Quiz


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Question 1: Insurance underwriting - Personal lines insurance ________ actually underwrite insurance for individuals, a service still offered primarily through agents, insurance brokers, and stock brokers.
Initial public offeringUnderwritingCommercial bankSecurity (finance)

Question 2: ________ - Reinsurance is insurance sold to insurers themselves, to protect them from catastrophic losses.
Earthquake insuranceReinsuranceLife insuranceHealth insurance

Question 3: Issuance of ________ for use as a substitute for checks
Credit cardChina UnionPayDebit cardMaestro (debit card)

Question 4: Allow financial transactions at branches or by using ________ (ATMs)
InteracAutomated teller machineChina UnionPayMaestro (debit card)

Question 5: Issuance of ________ and processing of credit card transactions and billing
American ExpressCredit cardDebit cardVisa Inc.

Question 6: A "________" is what is commonly referred to as simply a "bank".
Merchant bankInvestment bankingIslamic bankingCommercial bank

Question 7: [7] In contrast, the largest home improvement store in the US, ________, has a 30 % market share, and the largest coffee house Starbucks has a 32 % market share.
Wal-MartAT&TCaterpillar Inc.The Home Depot

Question 8: Provide ________ agreements for the temporary advancement of the Bank's own money to meet monthly spending commitments of a customer in their current account.
OverdraftCheck kitingCheque fraudAdvance-fee fraud

Question 9: ________ within the financial industry costs the UK an estimated £14bn a year and it is believed a further £25bn is laundered by British institutions.
Neutral reportageFraudTortNegligence

Question 10: Keeping money ________ while also allowing withdrawals when needed
Lock (device)DoorAccess controlSafe


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